Bitcoin Continues to Surge, Up 5% at $60,300

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Coinbase (COIN) Stock Regains $300, Analyst Expect More Benefits From the Approval of a Bitcoin (BTC) Futures ETF

October 19, 2021 9:54 AM EDT

Bitcoin (BTC) price is trading nearly 3% higher as the buyers continue to push for the fresh record-high ahead of the expected market debut of the first BTC Futures ETF.

ProShares' Bitcoin Strategy ETF is due to debut today under the ticker BITO if the Securities and Exchange Commission (SEC) does not oppose it. Many industry experts believe Bitcoin stands to benefit from the approved ETF.

"It can attract flows from investors who prefer the ease of an ETF over the perceived risk of an exchange," Martha Reyes, head of research at crypto exchange Bequant, told Reuters.

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Marathon Digital Holdings (MARA) Appoints Sam Doctor to its Advisory board

October 18, 2021 4:06 PM EDT

Marathon Digital Holdings, Inc. (NASDAQ:... More